Tools/SBI Business Loan EMI Calculator
SBI Business Loan EMI Calculator
Estimate your State Bank of India business loan EMI at indicative rates of 9.1%-13.3% p.a. - then compare real offers from 125+ lenders.
Loan Configuration
Save up to ₹2,16,292
Recur Club founders typically secure rates ~2.5% lower than market average. Indicative savings over full tenure.
Monthly EMI
₹1,70,888
Principal
₹50 Lakh
Total Interest
₹11.5 Lakh
125+ lenders. Termsheet in 48h. Zero equity dilution.
State Bank of India business loan rates at a glance
SBI is India's largest public sector bank and one of the most competitive sources of business loans, with rates linked to the EBLR (External Benchmark Lending Rate). SBI business loan rates are typically around 9.1% to 13.3% p.a. depending on your credit profile, collateral, and the specific scheme (SME loans, Asset Backed Loans, or Simplified Small Business Loans).
SBI's pricing is among the lowest in the market, but eligibility criteria are stricter and processing can take longer than NBFCs. Use the calculator to estimate your EMI at SBI's indicative rates, then compare against offers from 125+ lenders through Recur Club.
Explore Working Capital LoansSBI business loan - key details
Interest rate (indicative)
9.1% to 13.3% p.a. - your exact rate depends on turnover, vintage, credit score, and collateral. Rates change with RBI policy; treat these as indicative, not quotes.
Processing fee
Typically up to 1% of the loan amount, charged upfront at disbursal.
Collateral-free limit
Generally up to ₹5 crore (higher with collateral).
Tenure
Usually 12 to 84 months for business loans; longer for secured term loans.
How to use this SBI EMI calculator
- 1
Set the loan amount you plan to borrow with the first slider.
- 2
Set the interest rate - SBI's business loan rates are typically 9.1% to 13.3% p.a. Start with the middle of the band if you're unsure.
- 3
Pick your tenure. A longer tenure lowers the EMI but increases total interest paid.
- 4
Read your monthly EMI, total interest, and total repayment - results update instantly.
- 5
Click "Unlock - Get Exact Terms" to see what 125+ lenders (banks and NBFCs) would actually offer your business.
Why borrowers compare SBI with other lenders
Lowest-band public sector pricing
EBLR-linked rates start near 9% p.a. for strong profiles - hard to beat on pure cost.
Wide scheme coverage
Dedicated SME products like Asset Backed Loans and SME Smart Score cover most business borrowing needs.
One application, 125+ lenders
Through Recur Club, SBI competes with 125+ other banks and NBFCs on the same application - competition is the most reliable way to improve your rate.
Termsheet in 48 hours
Instead of applying bank by bank, get an indicative termsheet across lenders in 48 hours, collateral-free options included.
